Bloomberg Technology
Nikola Confronts Future With Founder Exit, Stock Plunge
Sep.21 — Nikola Corp. faces an uncertain future following the sudden departure of its founder and chairman Trevor Milton. Bloomberg’s Ed Ludlow reports on “Bloomberg Technology.”
Bloomberg Technology
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Bloomberg Technology
Why Data Center Pushback Is a Unique Form of NIMBYism
Unlike solar farms or housing projects, data centers face a unique challenge: people don’t just oppose them in their own backyards—they question if we need them at all. On Odd Lots, Jasmine Sun tells Joe Weisenthal and Tracy Alloway why the AI industry and policymakers have failed to make a compelling case for the AI…
Bloomberg Technology
Apple Cuts Jobs as It Reprioritizes Around AI
Apple is cutting jobs across its Vision Pro, Siri, and Intelligent Systems Experiences teams as it redirects resources toward new devices and artificial intelligence. Bloomberg’s Mark Gurman explains where the reductions are happening and how Apple is reshaping its Siri operation around new AI infrastructure. He also looks ahead to Apple’s foldable iPhone and why…
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Mondrayish
September 21, 2020 at 10:55 pm
A business plan and nothing else that’s worth a 10b market cap valuation? Gtfo here lol.
Stephen Jagiello
September 22, 2020 at 12:03 am
He gets to sell all his stock without restrictions now worth over a billion……scam of scams
Bohr
September 22, 2020 at 1:19 am
He merged with another company do your research b4 spewing out nonsense
To Pi
September 21, 2020 at 10:57 pm
A dumpster fire of fraud….. Nikola = Theranos Trevor Milton = Elizabeth Holmes
Zoltán Kárpát
September 21, 2020 at 11:29 pm
They could have made a working prototype for a couple million dollars. And if the guy kept his mouth shut, Iveco would have started production in about 1 year from now and everyone would have been happy… stock rising and all that good stuff …
John D.
September 21, 2020 at 11:14 pm
Wouldn’t a change of ceo be a sign that the company is changing? So now they’re going into a manufacturing business instead of a company looking for investors.
Mubashir Cheema
September 22, 2020 at 12:30 am
Nikola has no product and no technology. It is difficult to run a business when you have nothing of value to offer. Changing leadership doesn’t change that fact.
Mubashir Cheema
September 22, 2020 at 12:32 am
It’s a little but like saying that if bankrupt Theranos changed their CEO from Elizabeth Holmes to Sunny Balwani, they would all of a sudden become a viable company.
Metacognition88
September 21, 2020 at 11:17 pm
Buy the dip. It’s going to be yuuuuge.
kvps27
September 22, 2020 at 12:04 am
lol… ok
All American Dream Chaser
September 22, 2020 at 12:44 am
Good luck
All American Dream Chaser
September 22, 2020 at 12:43 am
The entire board of directors are BYU graduates. It all leads back to the Mormon Church.